Mb15 Ltd

POWER SEARCH PRICING

SOLUTIONS

mb15 ltd Company Information

Live

EstablishedSmallDeclining

Company Number

06675098

Website

www.inverterfusion.co.uk

Registered Address

foresters hall, 25-27 westow street, london, SE19 3RY

Industry

Other sports activities (not including activities of racehorse owners) n.e.c.

Telephone

01404549791

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael Brown15 Years

Shareholders

michael noel brown 100%

mb15 ltd Estimated Valuation

£0 - £1.3m

The estimated valuation range for mb15 ltd, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £1.3m

Get a detailed valuation report, edit figures and unlock valuation multiples.

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Mb15 Ltd is a live company located in london, SE19 3RY with a Companies House number of 06675098. It operates in the other sports activities sector, SIC Code 93199. Founded in August 2008, it's largest shareholder is michael noel brown with a 100% stake. Mb15 Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Pomanda's financial health check has awarded Mb15 Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

1 Regular

6 Weak

Size

annual sales of £1.3m, make it larger than the average company (£540.4k)

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.3%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MB15 LTD group structure

Mb15 Ltd has no subsidiary companies.

Ultimate parent company

MB15 LTD

06675098

MB15 LTD Shareholders

michael noel brown

100%

Mb15 Ltd currently has 1 director, Mr Michael Brown serving since Aug 2008.

officer	country	age	start	end	role
Mr Michael Brown	Uk	38 years	Aug 2008	-	Director

EXPORT

Mb15 Ltd's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of £651 thousand. According to their latest financial statements, Mb15 Ltd has 2 employees and maintains cash reserves of £110.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	1,257,360	1,453,677	1,543,448	1,416,868	893,087	1,107,972	112,533	398,067	302,879	419,568	371,082	17,250	10,070	28,814
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	986,554	1,124,911	1,261,399	1,129,390	667,779	821,941	84,206	300,442	227,671	318,756	284,988	0	0	21,200
Gross Profit	270,806	328,766	282,049	287,478	225,308	286,032	28,327	97,626	75,208	100,812	86,094	17,250	10,070	7,614
Admin Expenses	291,166	357,397	299,521	238,669	155,194	65,804	-94,430	-52,510	-58,670	9,971	-18,020	2,876	2,570	7,421
Operating Profit	-20,360	-28,631	-17,472	48,809	70,114	220,228	122,757	150,136	133,878	90,841	104,114	14,374	7,500	193
Interest Payable	0	0	6,649	13,298	14,715	14,170	13,625	7,085	0	0	0	0	0	0
Interest Receivable	5,595	1,177	190	193	1,108	884	496	854	629	322	190	0	0	9
Pre-Tax Profit	-14,765	-27,454	-23,931	35,704	56,507	206,942	109,628	143,905	134,506	91,164	104,304	13,390	6,981	201
Tax	0	0	0	-6,784	-10,736	-39,319	-21,925	-28,781	-28,246	-20,968	-25,033	-2,678	-1,552	-56
Profit After Tax	-14,765	-27,454	-23,931	28,920	45,771	167,623	87,702	115,124	106,260	70,196	79,271	10,712	5,429	145
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-14,765	-27,454	-23,931	28,920	45,771	167,623	87,702	115,124	106,260	70,196	79,271	10,712	5,429	145
Employee Costs	52,888	52,897	47,329	47,427	23,822	22,156	22,668	23,290	80,031	74,954	76,811	24,206	23,896	25,823
Number Of Employees	2	2	2	2	1	1	1	1	3	3	3	1	1	1
EBITDA*	-18,223	-25,938	-14,505	49,752	70,260	220,228	125,668	153,697	137,439	93,904	104,939	14,780	7,500	193

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	5,490	7,627	8,904	2,828	437	0	499	319,305	3,739	3,689	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	1,616	3,232	4,848	6,464	7,289	7,695	8,101
Investments & Other	352,243	502,243	502,243	502,243	502,243	502,243	502,243	100,000	100,000	50,000	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	357,733	509,870	511,147	505,071	502,680	502,243	502,742	420,921	106,971	58,537	6,464	7,289	7,695	8,101
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	406,265	386,831	380,040	364,734	279,942	340,568	20,400	72,600	44,400	65,400	61,495	0	0	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	500	0	0	0	0	0	0	0
Cash	110,529	152,753	161,023	218,521	167,408	128,042	225,566	171,206	170,550	80,979	47,978	27,823	12,875	3,402
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	516,794	539,584	541,063	583,255	447,350	468,610	246,466	243,806	214,950	146,379	109,473	27,823	12,875	3,402
total assets	874,527	1,049,454	1,052,210	1,088,326	950,030	970,853	749,208	664,727	321,921	204,916	115,937	35,112	20,570	11,503
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	5,523	165,685	140,987	153,172	43,796	110,390	0	0	49,907	39,162	7,884	0	14,995	11,357
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	12,495	15,897	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	56,368	59,589	0	0	0	2,928	0	0
total current liabilities	5,523	165,685	140,987	153,172	43,796	110,390	56,368	59,589	49,907	39,162	20,379	18,825	14,995	11,357
loans	0	0	0	218,000	218,000	218,000	218,000	218,000	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	218,000	218,000	218,000	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	218,000	218,000	218,000	218,000	218,000	218,000	218,000	218,000	0	0	0	0	0	0
total liabilities	223,523	383,685	358,987	371,172	261,796	328,390	274,368	277,589	49,907	39,162	20,379	18,825	14,995	11,357
net assets	651,004	665,769	693,223	717,154	688,234	642,463	474,840	387,138	272,014	165,754	95,558	16,287	5,575	146
total shareholders funds	651,004	665,769	693,223	717,154	688,234	642,463	474,840	387,138	272,014	165,754	95,558	16,287	5,575	146

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-20,360	-28,631	-17,472	48,809	70,114	220,228	122,757	150,136	133,878	90,841	104,114	14,374	7,500	193
Depreciation	2,137	2,693	2,967	943	146	0	1,295	1,945	1,945	1,447	0	0	0	0
Amortisation	0	0	0	0	0	0	1,616	1,616	1,616	1,616	825	406	0	0
Tax	0	0	0	-6,784	-10,736	-39,319	-21,925	-28,781	-28,246	-20,968	-25,033	-2,678	-1,552	-56
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	19,434	6,791	15,306	84,792	-60,626	319,668	-51,700	28,200	-21,000	3,905	61,495	0	0	0
Creditors	-160,162	24,698	-12,185	109,376	-66,594	110,390	0	-49,907	10,745	31,278	7,884	-14,995	3,638	11,357
Accruals and Deferred Income	0	0	0	0	0	-56,368	-3,221	59,589	0	0	-2,928	2,928	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-197,819	-8,031	-41,996	67,552	53,556	-84,737	152,222	106,398	140,938	100,309	23,367	35	9,586	11,494
Investing Activities
capital expenditure	0	-1,416	-9,043	-3,334	-583	499	317,511	-317,511	-1,995	-5,136	0	0	406	-8,101
Change in Investments	-150,000	0	0	0	0	0	402,243	0	50,000	50,000	0	0	0	0
cash flow from investments	150,000	-1,416	-9,043	-3,334	-583	499	-84,732	-317,511	-51,995	-55,136	0	0	406	-8,101
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	-12,495	-3,402	15,897	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	-218,000	0	0	0	0	218,000	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	218,000	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	1
interest	5,595	1,177	-6,459	-13,105	-13,607	-13,286	-13,129	-6,231	629	322	190	0	0	9
cash flow from financing	5,595	1,177	-6,459	-13,105	-13,607	-13,286	-13,129	211,769	629	-12,173	-3,212	15,897	0	10
cash and cash equivalents
cash	-42,224	-8,270	-57,498	51,113	39,366	-97,524	54,360	656	89,571	33,001	20,155	14,948	9,473	3,402
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-42,224	-8,270	-57,498	51,113	39,366	-97,524	54,360	656	89,571	33,001	20,155	14,948	9,473	3,402

P&L

March 2023

turnover

1.3m

-14%

operating profit

-20.4k

gross margin

21.6%

-4.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

651k

-0.02%

total assets

874.5k

-0.17%

cash

110.5k

-0.28%

net assets

Total assets minus all liabilities

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company number

06675098

Type

Private limited with Share Capital

industry

93199 - Other sports activities (not including activities of racehorse owners) n.e.c.

incorporation date

August 2008

age

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

address

foresters hall, 25-27 westow street, london, SE19 3RY

last accounts submitted

March 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 2 charges/mortgages relating to mb15 ltd. Currently there are 1 open charges and 1 have been satisfied in the past.

mb15 ltd Company Information

mb15 ltd Estimated Valuation

mb15 ltd Estimated Valuation

mb15 ltd Estimated Valuation

Mb15 Ltd AI Business Plan

Mb15 Ltd Overview

Mb15 Ltd Health Check

mb15 ltd Credit Report and Business Information

Mb15 Ltd Competitor Analysis

mb15 ltd Ownership

mb15 ltd directors

MB15 LTD financials

mb15 ltd company details

mb15 ltd Charges & Mortgages

mb15 ltd Companies House Filings - See Documents